UPS Announces Quarterly Dividend

Rhea-AI Summary

UPS announced a quarterly dividend of $1.52 per share on May 4, 2022, payable on June 2, 2022 to shareholders on record as of May 16, 2022. This commitment to dividend distribution is a key indicator of UPS's financial stability, as the company has consistently maintained or increased its dividend since its public listing in 1999. With a reported 2021 revenue of $97.3 billion, UPS is a leader in integrated logistics, serving over 220 countries globally.

Positive

• Quarterly dividend of $1.52 per share demonstrates financial strength.
• UPS has not reduced its dividend since 1999, indicating strong historical performance.
• 2021 revenue reached $97.3 billion, showcasing continued business growth.

Negative

• None.

ATLANTA, May 04, 2022 (GLOBE NEWSWIRE) -- UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.52 per share on all outstanding Class A and Class B shares.

The dividend is payable June 2, 2022 to shareowners of record on May 16, 2022. 

Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999.

About UPS

UPS (NYSE: UPS) is one of the world’s largest companies, with 2021 revenue of $97.3 billion, and provides a broad range of integrated logistics solutions for customers in more than 220 countries and territories. Focused on its purpose statement, “Moving our world forward by delivering what matters,” the company’s 534,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. UPS also takes an unwavering stance in support of diversity, equity and inclusion.  More information can be found at www.ups.com, about.ups.com and www.investors.ups.com

FAQ

What is the dividend amount for UPS in 2022?

UPS announced a dividend of $1.52 per share for the second quarter of 2022.

When will the UPS dividend be paid?

The dividend will be payable on June 2, 2022.

What is the record date for UPS's dividend?

The record date for UPS's dividend is May 16, 2022.

How often does UPS pay dividends?

UPS pays dividends quarterly.

Has UPS consistently increased its dividend?

Yes, UPS has either maintained or increased its dividend each year since going public in 1999.